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Writer's pictureAda Tam Ying Ying

Market Update: Last Week of 2022

In year 2022, STI performance had been range-bound between 2970 - 3429, closed 3,251.32 point on the last trading day of this year. Economic uncertainties had further affirmed that the global recession seemed unavoidable. Our strong national currency may keep the foreign investors from existing in Singapore, but the NODX had been consecutively falling since Feb 2022, as the global demands continue to under go changes from paradigm shift in economic restructuring. And moving forward, the manufacturing sectors will remain weak in the first half of 2023, and inflation will continue to give pressure to the production cost.



My latest Market View published in ZaoBao in the month of December:


Market Summary dated on 31 Dec:


Market Summary dated on 29 Dec:


Market Summary dated on 22 Dec:




 

“I cannot say whether things will get better if we change; what I can say is they must change if they are to get better.” — Georg C. Lichtenberg

 

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Other Focus (Highlights of Results / Corporate Actions):

Other extracted news:

  • SGX Group lists two ETFs in Singapore and Shenzhen via SZSE-SGX ETF Link

  • SembMarine to hold EGM pertaining to proposed combination with Keppel O&M in January

  • Rex International's subsidiary to purchase entire issued share capital of Moroxite T in IPT; further investment into Xer Technologies for US$1 mil

  • Vicom enters into solar power purchase agreements worth $2.07 mil in IPTs

  • IPO: Futu Holdings abruptly delays Hong Kong listing

  • IPO: AustAsia's shares in global and HK offering oversubscribed

  • SPH REIT changes its name to Paragon REIT

  • UG Healthcare to set up medical diagnostic centre in Nigeria through JV

  • OCBC said to hire ex-Goldman's Jason Moo as CEO for Bank of Singapore


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SGX & Other Newsfeed

💡 SGX <Analyst Research>



 

CASH PLUS Promotion:

Low-commission trading account is available... and check out for Promotion Details

(Waived for US and HK Foreign Custody fee until 31 December 2022.)




 

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